REAL ESTATE NEWS - Commercial Real Estate

Stay informed about the commercial real estate market, with a focus on office spaces, retail locations, industrial properties, and large-scale developments.

Arcadia Hotel Project Sees Alleged Default by Developer Chateau Group
Developer Chateau Group allegedly defaults on $2.1M debt for Le Meridien Pasadena Arcadia hotel.
Abandoned Arcadia Hotel project in [location] amidst alleged default by developer Chateau Group.
Developer considers large student housing project amidst rising rents
A surface parking lot near Georgia Tech is being sold to make way for a student-housing tower.
Developer proposes massive student housing complex in response to increasing local rent costs.
Boston's 399 Boylston St Sees Significant Leasing Activity with Four New Deals
Boston - JLL announces completion of four leases at 399 Boylston Street, a Class-A office building in Boston's Back Bay.
Four new leases signed at 399 Boylston Street in downtown Boston.
Lesner's 111 Livingston Secures Nonprofit Tenant Following Rent Strike Resolution
Human Services Organization Signs 15-Year Lease at 111 Livingston Street in Downtown Brooklyn.
Lesner's 111 Livingston building secures nonprofit tenant after rent strike resolution in Norfolk.
Alexandria Realty Supports Groundbreaking Medicine Development for Unmet Needs
Alexandria Real Estate's tenants drive FDA drug innovation with 5 out of 6 approvals in 2024.
Alexandria Realty executive supports groundbreaking medicine development in Boston area lab.
Pike County Property Transactions October 2024 Update
Transaction data sourced from Illinois Real Estate Transfer Declarations, with possible discrepancies in dates and additional info available through PTAX.
Pike County property map with updated transactions highlighted in October 2024.
Southeast Side development sparks controversy over economic benefits vs. environmental justice concerns
Family-backed group proposes massive underground storage facility at contaminated steel mill site.
Southeast Side residents protest development project amidst economic benefits and environmental justice debate.
West Bend Housing Development Faces Public Hearing Tonight
Public Hearing Tonight: 90+ Unit Housing Development in West Bend, WI
West Bend housing development under scrutiny at public hearing in Wisconsin tonight.
Bollywood Celebrities' Real Estate Investment Strategies Revealed
Bollywood Stars Buy Property for Investment and Emotional Reasons: Experts
Bollywood celebrities reveal real estate investment strategies in India's luxury market.
Dozens of multifamily units face potential foreclosure sale
Houston's multifamily market faces growing distress with 12 properties worth $340M set for foreclosure auction.
Multifamily housing complex with dozens of units at risk of foreclosure auction.
Tax Revaluations Boost Bills for Many, Lower Them for Some Office Landlords
Cook County Assessor Fritz Kaegi's commercial valuations in Chicago Loop fall short of addressing pandemic-era changes, say landlords.
Office landlords face increased tax bills in some areas, reduced others due revaluation.
Suburban community approves senior living development despite local zoning freeze
Monoceros expands senior living presence with 53,000-sq-ft addition at Plum Creek Supportive Living in Rolling Meadows.
Suburban community votes in favor of senior living project amidst zoning restrictions.
Alexandria REIT Closes $80.5M NoVa Medical Facility Sale
Property sold for nearly $50 million above its $31.2 million appraised value.
Alexandria REIT completes sale of Northern Virginia medical facility for $80.5 million.
Four Brokerages Reach Preliminary Settlement Agreements
Combined settlements totaling nearly $5 million resolve litigation for four firms with regional and national presence.
Four major brokerages reach preliminary settlement agreements in financial dispute.
Notion Secures SF Headquarters Location
Notion Rebounds in "AI Capital" with 105,000-Square-Foot SF Headquarters Lease.
Notion founders celebrate at new San Francisco headquarters location announcement.

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